38250 Palo Colorado RD, Carmel, CA 93923 – ML81966488

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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

$475,000

Est. payment - /mo

5.1 Acres Lot

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UPDATED:

11/23/2024 05:24 AM

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81966488

Lot Size 5.100 Acres

Property Description

Absolutely beautiful property filled with soaring old-growth redwoods, lush greenery, and two year-round creeks. This gorgeous and magical 5.1 acre parcel is easy to reach and is only 14 miles south of Carmel and only 3 miles from Scenic Hwy 1 on Palo Colorado Canyon. There is approximately 1000 feet of Rocky Creek river frontage along the south border of the parcel and the smaller Brandon Creek runs right through the middle of the property. There are several flat, usable areas, including a fantastic location to build your mountain dream home! Previous owners had received an approved combined development permit to build a 3200 square foot house, but they did not get the chance to build. There is an existing well on the property and the power lines are accessible at the street, so this is a fantastic opportunity for someone to pick up where the previous owners left off and build a fantastic mountain retreat that is only 20 minutes from town. Prior plans and reports are available.

Location

State CA

County Monterey

Area Big Sur Coast

Zoning RDR/40(CZ)

Exterior

Fence None

Utilities Available Electricity - Available at Street

View Forest / Woods, Mountains, River / Stream

Present Use Recreational

Building

Lot Description Grade - Varies, Stream - Year Round

Sewer Other

Water Well

Others

Tax ID 418-131-024-000

Horse Property Possible

Special Listing Condition Not Applicable

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Listed by Doug Toby • KW Coastal Estates

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971